Panthers centre Dean Whare is set to miss the rest of the NRL season.

Penrith Panthers outside back Dean Whare has signed a new five-year deal with the club.

The contract extension means the 27-year-old Kiwi international will remain with the Panthers until at least the end of the 2022 season.

"I'm just really happy to have the opportunity to commit my long-term future to the Panthers," Whare said.

"Penrith feels like home to me and my family loves living here so it was an easy decision to re-sign.

"We have a great group of players, some of the most loyal fans in the game and I'm excited about the direction we're heading as a club.

"The club has shown a lot faith in me and I'm determined to repay that faith with some good form over the coming seasons."